Date: October 31, 2026
Board Meeting Outcomes
- The Board of Directors at its meeting held on October 31, 2026 (Saturday) decided to shift the Recycled Polyester Staple Fibre Production Line from Kanpur Dehat Unit to its Temra unit
- The meeting commenced at 1:15 PM and concluded at 3:30 PM
- The relocation is not expected to have any adverse impact on the Company's business operations or financial performance
Operational / Strategic Disclosures
Production Line Details:
- Type: Recycled Polyester Staple Fibre Production Line
- FY 2025-26 Turnover: Approximately Rs. 50 crore
- Financial Contribution: Less than 2% of Company's total net worth and profitability during FY 2025-26
Relocation Details:
- Old Location: Raipur, Rania, Kalpi Road, Kanpur Dehat (U.P.)
- New Location: Temra, Bilaspur, Dist. Rampur (U.P.)
- Timeline: Complete transition expected within next six (6) months
- Reason: To enhance operational efficiency
Regulatory Compliance:
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026